Nissan board meets to oust fallen tycoon Ghosn as chairman
Nissan board members appeared poised to oust disgraced tycoon Carlos Ghosn as chairman Thursday, after his spectacular arrest for financial misconduct stunned the car industry and the business world.
Nissan shares plunge as Ghosn faces ouster after arrest
Nissan and Mitsubishi shares plunged Tuesday after chairman Carlos Ghosn was arrested for alleged financial misconduct, that reportedly included exorbitantly priced houses and diverted compensation.
Nissan slashes profit forecasts after inspection scandal
Japanese car giant Nissan on Thursday slashed its forecast for full-year operating profit after admitting that a damaging inspection scandal last year had "adversely impacted" the firm's performance.
IMI recognises Nissan South Africa, AIDC
United Kingdom’s motor industry body, Institute of the Motor Industry (IMI) has announced that the Automotive Industry Development Centre (AIDC), in partnership with Nissan South Africa has successfully met the training criteria to become an IMI Approved International Centre in South Africa. In a statement signed by Nissan Nigeria, the IMI’s approval of the AIDC/Nissan…
Nigeria’s auto policy in the eye of the storm
The automotive industry is a key sector in most economies across the world. Industry statistics of countries with robust auto sectors show that the design, manufacture and sales of automobiles...
Nissan gives facelift to Patrol Y62
Nissan has tweaked its flagship SUV Patrol Y62 with unprecedented zest and ergonomics.
Infiniti launches world’s first variable-compression engine
Dubbed VC-T for “variable-compression, turbocharged,” Infiniti said in a release earlier in the week that the innovation features a mechanical connecting-rod modification that was first described in a U.S. patent assigned to Nissan in 2003.
Nissan unveils Propilot with safety caution
Nissan Motor Co. has unveiled a new technology that allows nearly hands-free highway cruising as its next step toward self-driving cars.